Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Short Interest Update

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUFGet Free Report) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 916 shares, a decline of 25.7% from the January 29th total of 1,233 shares. Based on an average trading volume of 360 shares, the days-to-cover ratio is presently 2.5 days. Based on an average trading volume of 360 shares, the days-to-cover ratio is presently 2.5 days.

Analysts Set New Price Targets

A number of equities analysts have weighed in on MHCUF shares. TD Securities reaffirmed a “buy” rating on shares of Flagship Communities Real Estate Investment Trust in a research report on Friday, November 14th. Scotiabank restated an “outperform” rating and set a $24.00 target price on shares of Flagship Communities Real Estate Investment Trust in a report on Friday, January 16th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $24.00.

Read Our Latest Report on Flagship Communities Real Estate Investment Trust

Flagship Communities Real Estate Investment Trust Price Performance

OTCMKTS MHCUF traded up $0.05 on Tuesday, hitting $19.69. The firm has a 50-day simple moving average of $19.90 and a 200-day simple moving average of $19.00. Flagship Communities Real Estate Investment Trust has a twelve month low of $14.85 and a twelve month high of $20.96.

Flagship Communities Real Estate Investment Trust Company Profile

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Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) is a Canada-based real estate investment trust focused on owning, operating and acquiring manufactured housing communities, single-family rental communities and recreational vehicle (RV) communities. The trust is structured to provide investors with regular distributions derived from stable, rent-based cash flows and value-enhancing community operations.

Flagship Communities REIT’s portfolio consists of income-producing residential and leisure-oriented properties.

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